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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (30429)2/20/2002 9:36:09 AM
From: Chris  Respond to of 52237
 
ANOTHER ONE

7:17 ET Computer Assoc investigated by authorities -- NY Times, Newsday (CA) 25.31: Co states that it has not contacted by the authorities regarding any investigation and does not know what, if anything, is being investigated. The comment is in response to a Newsday report that The U.S. attorney for the Eastern District and the FBI have launched a preliminary investigation of whether CA violated federal criminal fraud laws through its accounting practices. Separately, The NY Times reports that prosecutors in Brooklyn have opened a preliminary inquiry into whether co deliberately overstated its profits to inflate its stock price and enrich its senior executives, citing two people close to the investigation.